Monopropylene glycol Prices, markets & analysis
Whichever regional Monopropylene glycol markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Monopropylene glycol markets are provided by our network of reporters based locally in those markets.
Use ICIS information to:
- See what’s driving prices
- Understand fluctuations
- Feed into your own analytical models
- Confidently negotiate deals
Mono propylene glycol Asia Transcript
ICIS delivers a mono propylene glycol (MPG) report for the Asia Pacific region. It covers both spot industrial grade (PGI) and pharmaceutical grade (PGUSP).
The report also covers pricing information on the Chinese domestic MPG market.
ICIS reports deals, bids, offers and buy/sell ideas giving subscribers important information on price trends.
Communicating with major producers, traders, distributors and buyers is an essential part in the data collection process, which is then translated into weekly price assessments.
The report also offers subscribers vital information on demand and supply conditions and impact of the feedstock propylene oxide (PO) market.
ICIS offers a trust-worthy and specific report which delivers crucial information for our customers in this important market.
Monopropylene glycol news and market information products from ICIS
We offer the following regional Monopropylene glycol coverage to keep you informed of factors and developments affecting prices in the Asia Monopropylene glycol marketplace.
Price Reporting – More information about the price reports we publish on Monopropylene glycol
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Monopropylene glycol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q1 2015
Asia spot prices for both grades of monopropylene glycol (MPG), namely industrial-grade propylene glycol (PGI) and US pharmaceutical-grade propylene glycol (USP), largely stabilised in late January after having come off highs in October 2014 which were last seen in Q2 2012.
Average PGI prices for bulk cargoes bottomed out at $1,515/tonne CFR (cost & freight) NE (northeast) Asia and $1,560/tonne CFR SE (southeast) Asia in second-half January, while average USP prices for drummed cargoes similarly bottomed out in second-half January and first-half February at $1,700/tonne CFR NE Asia and $1,765/tonne CFR SE Asia. Both PGI and USP prices remained flat for the rest of February before inching up slightly in March on the back of sellers’ intent to hike prices amid recovering feedstock propylene prices.
However, price increases in March were kept in check by largely not improving downstream demand after the Lunar New Year holidays in second-half February. The Lunar New Year holidays is celebrated in most northeast Asian countries including China and South Korea as well as some southeast Asian countries.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Monopropylene glycol.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Monopropylene glycol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Monopropylene glycol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.